Reliance Capital Share Price target 2024 Reliance Industries (RIL) is India's largest company by market capitalization with more than 389,414 employees operating across various segments. It is India's leading player in sectors like Petrochemicals, Refining, Oil and Gas exploration, Telecommunications, and Retail. The company is on the path to digital transformation and is innovating in key business areas. Recently, the share price of Reliance Industries has seen some ups and downs due to global economic changes. This article will discuss the important factors for an investor to consider when investing in Reliance's shares.
Reliance Industries was the first company to produce ISCC Plus certified circular polymers, namely CircuRepol, CircuRelene, in India.
Alok Industries (Alok) share price went up by 20% on the news that Reliance Industries, the parent company of Reliance Industries, has invested Rs 3, 300 crore in its subsidiary's 9% shares.
RIL and Walt Disney have signed a non-binding term sheet to merge Jio Cinema with Disney+ Hotstar in 2024 to accelerate the use of Artificial Intelligence across all businesses.
Reliance Industries Share Price Target 2024 Month (2024)Maximum Target Minimum Target
JanuaryRs. 2768.60Rs. 2407.48
FebruaryRs. 2825.10Rs. 2456.61
MarchRs. 2882.76Rs. 2506.75
AprilRs. 2798.79Rs. 2433.73
MayRs. 2757.43Rs. 2397.77
JuneRs. 2856.70Rs. 2484.09
JulyRs. 2828.13Rs. 2459.25
AugustRs. 2941.26Rs. 2557.62
SeptemberRs. 3058.91Rs. 2659.92
OctoberRs. 2998.93Rs. 2607.77
NovemberRs. 3088.90Rs. 2686.00
DecemberRs. 3166.12Rs. 2753.15Source:- (financerule.com)
Reliance Industries Share Price Target (2025)
Month (2025)Maximum Target Minimum Target
JanuaryRs. 3299.44Rs. 2484.19
FebruaryRs. 3312.25Rs. 2547.88
MarchRs. 3441.43Rs. 2647.25
AprilRs. 3373.95Rs. 2595.34
MayRs. 3275.68Rs. 2519.75
JuneRs. 3423.08Rs. 2633.14
JulyRs. 3355.96Rs. 2581.51
AugustRs. 3459.76Rs. 2661.35
SeptemberRs. 3580.85Rs. 2754.50
OctoberRs. 3673.95Rs. 2826.12
NovemberRs. 3765.80Rs. 2896.77
DecemberRs. 3859.94Rs. 2969.19Source:- (financerule.com)
Reliance Industries Share Price Target (2026 - 2030)
YearMaximum Target Minimum Target
2026Rs. 5147.41Rs. 3603.18
2027Rs. 6375.30Rs. 3062.71
2028Rs. 7875.53Rs. 5515.87
2029Rs. 8177.56Rs. 6324.29
2030Rs. 10315.92Rs. 7611.14Source:- (financerule.com)
Reliance Industries Financials 2023
RevenueRs 8.78 Trillion⬆ 40.40% YOY
Operating expenseRs 1.87 Trillion⬆ 30.02% YOY
Net IncomeRs 667.02 Billion⬆ 9.88% YOY
Net Profit Margin7.60⬇ -12.84% YOY
Earnings Per Share2.40⬇ -95.89%
EBITDARs 1.38 Trillion⬆ 26.89% YOY
Effective Tax Rate21.67 %
Total AssetsRs 16.07 Trillion⬆ 7.19% YOY
Total equityRs 7.79 Trillion⬆ 27.49% YOY
Return on assets4.12%
Return on Capital5.49%
Reliance Industries Subsidiaries and Joint Ventures
Joint Ventures
Reliance Life Sciences
Reliance Petroleum Ltd
Reliance Jio Infocomm Ltd
Reliance Retail Ventures Ltd
Reliance Industrial Infrastructure Ltd
Network18 Media & Entertainment Ltd
Opportunities for Reliance Industries impacting RIL share price targets
Reliance Industries has set a target of becoming a zero-net debt company by the end of 2021. After raising a total amount of Rs 2.60,024 crore by the end of November 2020, the company declared itself debt-free in July 2021. The challenge for Reliance Industries now is to make its businesses in the digital space more accessible and efficient. Given the rapid growth of the digital world, Reliance Industries has plans to invest in the trending segments and manage the "industry consolidation" and government regulations.
Reliance Industries' share prices are expected to gain in the near future as the parent company is investing heavily in the digital arms of the company, such as Jio cinema, Jio mart Jio fibre, and Jio 5G. The company is also investing heavily in e-commerce business, with its subsidiaries Ajio, urban ladder, netmeds, reliance trends, and reliance fresh.
Risks to consider before investing in Reliance Industries Stock
Reliance Capital Share Pricewill face a number of challenges in the near future as Reliance Industries moves towards digital transformation and carbon neutrality. This means that competitors in the market will be able to capitalize on the new factors that are emerging.
The Indian conglomerate ‘Reliance’ may face challenges in the digital transformation phase, such as cyber security and technological failures.
Reliance Industries, the largest company in India, operates in a number of foreign countries. Geopolitical tensions in these countries could be a source of concern for Reliance Industries businesses.
The company operates in highly regulated sectors, which are regulated by governments around the world. The company operates in key industries such as energy, telecoms, and retail.
Environmental risks for Reliance Industries are increasing as the world moves towards a greener, carbon-neutral economy, as the renewable energy sector is subject to increased public scrutiny on environmental issues. As a result, Reliance Industries’ share prices are vulnerable to changes in the rules and regulations in the Indian and other countries regarding the energy sector.
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